Mark L. Korell has been named chief marketing officer of Root Markets Inc., which operates a New York-based commodities exchange for trading and monetizing Internet-generated consumer leads.Mr. Korell was most recently a senior managing director at W.J. Bradley Co., a national private equity firm. Before that, he was chairman and an owner of Stonecreek Funding Corp. Previously, he served as president of lender and investment services at Wells Fargo Home Mortgage Inc., where he "oversaw the negotiations, purchase, and successful operational integration of Prudential Home Mortgage, a $3 billion acquisition," Root Markets said. Mr. Korell has also served as president and chief executive officer of GMAC Mortgage Group and of Residential Funding Corp. Root Markets can be found online at http://www.rootmarkets.com.
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About 43% of Americans upgraded their homes last year, and 33% plan to remodel in the next year, according to a recent survey from Redfin.
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Sun Belt states saw a noticeable surge in liens filed last year, with Florida accounting for 17% of the national total, according to Benutech.
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CEO Tim Spence said folding in the acquired bank has gone to plan so far, but the biggest point of risk is still on the horizon.
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Surge, which claims to serve some of the nation's larger wholesale players, said the lender's behavior was reminiscent of its spat with Black Knight.
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Questions about the single-report option and whether VantageScore should be introduced before FICO 10T arose during a hearing on broader legislative proposals.
April 17 -
SecurityNational Mortgage Co. alleges that the larger competitor facilitated the mass resignation of its staff from Glendale and Scottsdale offices.
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